nominal interest rate

(redirected from Nominal annual rate)
Also found in: Dictionary, Legal, Financial.

nominal interest rate

the real rate of interest plus the anticipated rate of price inflation.
References in periodicals archive ?
For the purpose of this article, a nominal annual rate of 12 percent, or a monthly rate of 1 percent, will be used to discount cash flows.
In our base-case scenario, we see a decelerating growth in key banking volumes through 2014, with banking assets growing at an average nominal annual rate of below 9% vs.